DoubleLine Income Solutions Fund (DSL) to Issue Monthly Dividend of $0.11 on December 31st

DoubleLine Income Solutions Fund (NYSE:DSL) declared a monthly dividend on Monday, December 2nd,NASDAQ Dividends reports. Investors of record on Wednesday, December 18th will be paid a dividend of 0.11 per share on Tuesday, December 31st. This represents a $1.32 dividend on an annualized basis and a dividend yield of 10.26%. The ex-dividend date is Wednesday, December 18th.

DoubleLine Income Solutions Fund has decreased its dividend by an average of 9.1% per year over the last three years.

DoubleLine Income Solutions Fund Stock Performance

DSL opened at $12.86 on Monday. DoubleLine Income Solutions Fund has a 1-year low of $11.85 and a 1-year high of $13.24. The company’s fifty day moving average price is $12.73 and its two-hundred day moving average price is $12.72.

DoubleLine Income Solutions Fund Company Profile

DoubleLine Funds – DoubleLine Income Solutions Fund is a closed end fixed income mutual fund launched and managed by DoubleLine Capital LP. The fund invests in fixed income markets across the globe. It primarily invests in debt securities issued by domestic or foreign corporate or other issuers, obligations of foreign sovereigns or their agencies or instrumentalities, mortgage-backed securities, hybrid REIT securities that trade on an exchange, bank loans, municipal securities, and other debt securities issued by states or local governments and their agencies, authorities, and other government-sponsored enterprises.